The chart below shows NHL minimum and maximum player salaries by year since 2005. The team salary cap has increased 83% since 2005, providing for maximum player salary to rise by the same margin.Minimum wage, on the other hand, has increased only 28% during that span.he maximum player salary was capped at 20% of the team salary cap. Meanwhile, the minimum player salary jumped 257% from $180,000 to $450,000 with fixed bumps in future years.
What is a 'Primary Beneficiary'. A primary beneficiary is a beneficiary in a will, trust or insurance policy that is first in line to receive named benefits. Primary beneficiaries are contrasted with contingent beneficiaries, who will only receive benefits if the primary beneficiary has died. There can be more than one primary beneficiary. Next Up.
DEFINITION of 'Contingent Beneficiary'. 1. A beneficiary specified by an insurance contract holder who will receive the benefits if the primary beneficiary has died at the time the benefit is to be paid.f both the primary and contingent beneficiaries are unavailable, what happens to ... One of the most common mistakes in estate planning is not keeping beneficiary designations up to date on life insurance policies ...